10:12:11 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Canadian National Railway Company
Symbol CNR
Shares Issued 728,207,900
Close 2018-12-14 C$ 103.56
Market Cap C$ 75,413,210,124
Recent Sedar Documents

CN Rail, Unifor reach tentative agreement

2018-12-14 17:00 ET - News Release

Mr. J.J. Ruest reports

CN AND UNIFOR REACH TENTATIVE AGREEMENT

A new tentative collective agreement has been reached between Unifor Local 100 and Canadian National Railway Company. Unifor represents approximately 2,100 locomotive and freight car mechanics, electricians and apprentices who work at Canadian National Railway across Canada.

"We are pleased to conclude negotiations with railroaders who are part of what makes CN successful," commented J.J. Ruest, president and chief executive officer of Canadian National Railway. "This new agreement reinforces CN's commitment to working together with our people and their representatives to address workplace issues in a mutually beneficial manner."

Negotiations began on Oct. 05, 2018, and this tentative agreement will be presented for a ratification vote. The last collective agreement expires at the end of the month.

No details of the tentative agreement will be released publicly until the agreement is presented in a series of ratification meetings across the country.

About Canadian National Railway Company

Canadian National Railway is a true backbone of the economy, transporting more than $250-billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network of approximately 20,000 route miles spanning Canada and mid-America. Canadian National Railway, along with its operating railway subsidiaries, serves the cities and ports of Vancouver and Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth, Minn., Superior, Wis., and Jackson, Miss., with connections to all points in North America.

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